Search
16-Unit Apartment Building

41-37 Parsons Boulevard, Flushing, NY 11355

For Sale
$4,200,000

All apartments are occupied month-to-month, with on-site parking and a superintendent serving the property.

Property SizeContact for details
Days on Market197

Property Features for 41-37 Parsons Boulevard

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family
Zoning R7-1
Occupancy 100%

Units

Unit Mix 14 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 16

Additional Details

Public Transit Yes
Tenant in Place Yes

Amenities

on-site superintendent

Building Details

Year Built 1977
Buildings 1
Stories 4
Listing Agency: Fultonex Realty LLC
Listed By: Jianing Carlisle · License #10301212971
Source: Astorlanerealty
Added: Apr 26 Changed: Nov 7 Last Checked: Nov 7 at 4:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fultonex Realty LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1977, this multifamily property contains 16 apartments: 14 two-bedroom, one-bath units and two one-bedroom, one-bath units. Four parking spaces are provided on site, along with an on-site superintendent. A tenant laundry facility is identified as a potential addition. All apartments are occupied on month-to-month arrangements, and no rent control restrictions apply.

The property is near Downtown Flushing and the Main Street station on the 7 subway line, as well as the Flushing–Main Street Long Island Rail Road station and multiple bus routes. R7-1 zoning carries a 3.44 FAR and 4.80 CF FAR. Estimated buildable area is approximately 21,000 to 30,000 square feet, supporting consideration of increased density or redevelopment.

Key Highlights

  • 16 apartments: 14 two‑bedroom/one‑bath units and 2 one‑bedroom/one‑bath units
  • Four on‑site parking spaces
  • Apartments are occupied under month‑to‑month arrangements; no rent control restrictions apply

Property Analytics

Lease Details

16
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby

Demographics for 11355, NY

89,465
Population
32,049
Households
2.8
Avg Household Size
44
Median Age
24%
College-Educated
70%
High-School Grad
1.7 sq mi
ZIP Area
52,626
Density / Sq Mi
$53,700
Median Household Income
$31,166
Median Earnings
$1,664
Median Rent
$711,500
Median Home Value

Market

Properties on Market for Apartment buildings in Flushing

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - All apartments are occupied month-to-month, with on-site parking and a superintendent serving the property.
Where is this apartment building located?
The property is located at 41-37 Parsons Boulevard Flushing, NY.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 16 apartments: 14 two‑bedroom/one‑bath units and 2 one‑bedroom/one‑bath units; Four on‑site parking spaces; Apartments are occupied under month‑to‑month arrangements; no rent control restrictions apply
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved